5 Best Low Risk High Growth Stocks to Buy Now

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In this article, we will take a look at the 5 best low risk high growth stocks to buy now. To see more such companies, go directly to 14 Best Low Risk High Growth Stocks to Buy Now.

5. Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Number of Hedge Fund Holders: 52

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is in the news as the company recently posted fiscal Q1 results. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) saw a boost in recurring bookings in the period and also updated its full-year guidance. Total net bookings in the quarter jumped 20% to $1.2 billion. Net bookings from recurrent spending jumped 38%.

As of the end of the first quarter of 2023, 52 hedge funds out of the 943 funds reported owning stakes in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). The biggest stakeholder of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) was Chase Coleman and Feroz Dewan’s Tiger Global Management LLC which owns a $286 million stake in the company.

Diamond Hill All Cap Select Strategy made the following comment about Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in its Q4 2022 investor letter:

“Video game developer Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has faced weakness in the mobile gaming market, in addition to game-launching delays. The company reported underwhelming quarterly results in Q4 and lowered its full-year guidance. After reexamining our long-term thesis, we decided to exit our position in favor of more attractive opportunities.”

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